Cryptocurrency: unlocking the digital vaults
Two decades ago, if you had told someone you were investing in a currency not…
Last week, precious metals posted gains after declining in the past several weeks. Gold ($4,176/ounce) and silver ($62.40/ounce) appreciated by 2.1 and 5.4 per cent respectively. Similarly, in the domestic market, gold futures (₹1,47,378/10 gm) was up 2.2 per cent and silver futures (₹2,37,410/kg) gained 6.2 per cent. Below is an analysis. MCX-Gold (₹1,47,378) Gold…
Senco Gold Ltd expanded its retail footprint by opening eight showrooms during the April-June quarter, taking its network to 208 outlets, the company said in its business update for the Q1FY’27. The jewellery retailer said it remains on track to add another 12-15 stores over the remaining three quarters of the current financial year. The…
Gold prices are expected to remain range-bound in the second half of 2026, but retain clear upside potential if economic or geopolitical risks worsen, according to the World Gold Council’s Gold Mid-Year Outlook 2026. The report, published in July 2026, said that under current macro conditions, gold may trade +-5 per cent around US $4,100/oz…
The scheme will utilise IFSCA-regulated, IIDI-insured vaults in Gift City | Photo Credit: REUTERS Artha Bharat Investment Managers IFSC LLP has launched what it claims is Gift City’s first physical commodity fund and the first gold fund authorised by the International Financial Services Centres Authority (IFSCA), introducing a new structure that allows investors to redeem…
Yellow gold bars and coins isolated on black background. | Photo Credit: Dmitrii Stoliarevich Central banks bought a net 41 tonnes of gold in May, with Poland, China, Uzbekistan and Kazakhstan making significant purchases in the month. “Central banks were back in buying mode in May – and with a little more spring in their…
Gold prices on Friday rose by ₹1,952 to ₹1,47,710 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded higher by ₹1,952, or 1.34 per cent, at ₹1,47,710 per 10 grams in a business turnover of 1,325…
The scheme will utilise IFSCA-regulated, IIDI-insured vaults in GIFT City | Photo Credit: REUTERS Artha Bharat Investment Managers IFSC LLP has launched what it claims is GIFT City’s first physical commodity fund and the first gold fund authorised by the International Financial Services Centres Authority (IFSCA), introducing a new structure that allows investors to redeem…
Silver prices rose 1.76 per cent to ₹2.37 lakh per kg in futures trade on Friday amid a firm global trend. On the Multi Commodity Exchange, the white metal for July delivery increased by ₹4,096, or 1.76 per cent, to ₹2,37,400 per kilogram in a business turnover of 1,593 lots. Fresh positions built up by…
Gold prices up in India | Photo Credit: K K Mustafah Gold prices in India rose today across all cities. The price for 8 grams of 24-carat gold also increased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…
See also: | Photo Credit: scanrail July 3 Gold rose more than 1% on Friday and was set for its first weekly gain in five, as investors dialled back expectations for US rate hikes following softer-than-expected jobs data. Spot gold was up 1.3% at $4,177.31 per ounce, as of 0416 GMT, hitting its highest level…